Cost of Living in Arkansas
How Much Bang for the Buck in The Natural State?
Moving from another state and considering Arkansas employment?
Use the chart below to compare Arkansas state taxes, median household income, median home cost and overall cost of living in Arkansas with other popular U.S. cities.
|
Little Rock |
Los Angeles |
Phoenix |
Chicago |
New York City |
Boston |
Houston |
U.S. Average |
| Cost of Living |
80 |
156 |
104 |
126 |
165 |
128 |
86 |
100 |
Median Household
Income |
$43,095 |
$40,844 |
$45,931 |
$44,664 |
$43,502 |
$46,676 |
$41,513 |
$44,684 |
| Median Home Cost |
$127,500 |
$466,040 |
$166,310 |
$222,960 |
$420,670 |
$398,210 |
$115,240 |
$202,300 |
| Property Tax Rate |
$10.85 |
$8.38 |
$8.13 |
$15.89 |
$7.23 |
$10.10 |
$20.63 |
$13.28 |
Note - Property Tax Rate: The rate per $1,000 of home value. If the tax rate is $14, and the home value is $250,000, the property tax would be $14 x ($250,000/1,000), or $3,500. Source: Sperling's Best Places (www.bestplaces.net)